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As I mentioned in a previous post, I like set-and-forget trading systems as they allow me the most important asset of all, 'time'... you simply put in your orders and off you go about your day. You can log in later or the following day and see how your trades have done. There's minimal to do and so long as it's a system with a winning edge, you should find over time that your account is in profit.
One simple and easy set-and-forget trading system I found on the web is the one at www.daily20pi
March 30, 2011
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A few trades this morning..
Firstly a long as you can see from the chart above, I had a trailing 10 pip stop loss.. unfortunately, the trade went bad before it could go anywhere and I was hit with my full 20 pip loss.
Two trades on the GBPUSD, firstly a long at 16018 with a trailing 10 pip stop and my 20 pip stop. The market was rather chopping and did head up to move my stop up 10 pips but it wasn't enough.. it eventually fell and I got stung with a 10 pip loss.
As the market f
March 29, 2011
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I haven't been posting my trading entries for a little while as I never got much feedback from it and thought that people weren't interested. However, lately, I've been getting emails from people asking me if I am indeed doing any trading at all and the answer is indeed YES! Every day in fact, I'm looking at the markets and putting on trades where I can.
Anyway straight to it.. today I had two trades open, short GBPUSD at 15981 with a 10 point trailing stop and a long EURUSD at 14053, once ag
March 28, 2011
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